A Shiba Inu token holder who reportedly put thousands of dollars in the meme coin back in February has reportedly liquidated a portion of his crypto to stay at home taking care of his family. 

Specifically, a 35-year-old supermarket warehouse manager who goes by the name Rob has reportedly made an $8,000 investment into Shiba Inu (SHIB) at the price entry point of around $0.0000001 – equivalent to 800 billion tokens.

In May, when the token experienced exponential growth to hit its all-time high of over $0.00035, Rob partially liquidated his possessions to deposit $500,000 into his bank account.

The SHIB token hodler still has over $1 million equivalent of crypto, after the price value of the token significantly increased in October. 

The fund has reportedly given him the freedom to stop working his current job – which has a yearly salary of $68,000 – to become a stay-at-home dad, look after his son and take part in online debates regarding initiatives associated with SHIB. He plans to HODL the rest of his tokens.

“We believe so strongly that there is more to achieve with Shiba,” said Rob. “I will never take out our entire portfolio.”

The former warehouse manager is one of the many individuals in the new generation of crypto users, who became millionaires and even billionaires in the similar manner numerous Bitcoin (BTC) HODLers did during the 2017 bull run.

At the time of publication, the price of SHIB is $0.000058, having achieved a price surge of over 5,799,999,900% since October last year.

Token holders that made the same kind of buy Rob did when the coin was listed last August are now billionaires and new whales in the crypto sphere.  However, if holders were to cash out on a large number of tokens in the future, it may make the SHIB price drop dramatically as it did in May.